News

Although WeWork is one of the largest coworking networks in the world, it still faces competition from European players who offer alternative solutions to its workspaces.

Spaces will open its first Brickell Avenue location by signing a 49,000 square foot lease and taking up Regus’ existing 18,000 square feet in the TIAA-owned building.

New York-based coworking firm Knotel has tripled its William Street space from 36,000 to 117,000 square feet as it continues its rapid growth in the Financial District.

Coworking firm The Wing has expanded its Flatiron location, adding the 11th floor onto the existing 12th floor after a $75 million funding round led by WeWork and others.

WeWork is about to become Chicago’s largest private office tenant with 930,000 square feet of office space and more on the way, beating out Bank of America’s 1.2 million.

JLL revealed the top five cities in the U.S. that are leading the country in flexible workplace design are New York, San Francisco, Silicon Valley, Austin, and Boston.

Industrious CEO Jamie Hodari created a coworking company that focuses on bringing in people to an ideal work environment without the cost of competing with other firms.

Coworking firm Industrious acquired another office space provider TechSpace, a firm that focuses on the tech industry, which added seven new locations to its portfolio.

The nine-year-old decacorn startup WeWork has finally filed to go public, but investors are looking more closely at the company’s operations and data in recent years.

As coworking demand rises in Chicago, operators such as Industrious are finding ways to stand apart from the competition while maintaining an elevated user experience.